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It’s official: U.K. won’t require an extension of Brexit talks, even as negotiations with EU hit gridlock

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The U.K. reiterated Friday, two weeks before the expiration of a deadline upon which it had to make its intentions clear, that it would not seek an extension of the current “extension period” that binds the country to the European Union until Dec. 31.

“We have informed the EU today that we will not extend the transition period,” U.K. Cabinet Office Minister Michael Gove tweeted. “The moment for extension has now passed.”

The government separately said that it would delay implementing full-scale border controls for goods entering Great Britain from Europe, originally scheduled to start Jan. 1, until July. Controls will instead be gradually introduced…



Source marketwatch.com

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